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5601  Alternate cryptocurrencies / Altcoin Discussion / Re: Let's handle this Monero to Monero, like real Mon! on: August 15, 2015, 10:25:03 PM
Community disgustion is so productive.
5602  Economy / Economics / Re: Economic Totalitarianism on: August 15, 2015, 09:47:43 PM
On Aug 15, 2015, Satoshi Nakamoto publicly asked (me) to fix Bitcoin:


Quote from: Satoshi Nakamoto
However I acknowledge that a lot has changed since that time, and new knowledge has been gained that contradicts some of my early opinions.  For example I didn't anticipate pooled mining and its effects on the security of the network.  Making Bitcoin a competitive monetary system while also preserving its security properties is not a trivial problem, and we should take more time to come up with a robust solution.  I suspect we need a better incentive for users to run nodes instead of relying solely on altruism.



BTC did not move up much with gold's move up to $1117. Gold paused and BTC made a lower low (relative to recent). It appears BTC does not want to rally with gold. Thus is looking very weak.

Satoshi even spoke out on Aug 15 about the danger of GavinCoin. (Either the real Satoshi posted or someone with enough hacking skills or influence posted from his former email account, thus either way someone is expending precious resource to make a point about how serious this is)

I am not sure what to make of all this, except that overall gold and BTC are correlated and that both are headed for extreme lows by Spring 2016 (based on Armstrong's gold low prediction).
5603  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 15, 2015, 09:45:29 PM

kLee you are fucking amazing. Who informed you about that? Thanks!
5604  Alternate cryptocurrencies / Altcoin Discussion / Re: Best Altcoin to invest in for 2016 and WHY on: August 15, 2015, 08:57:06 PM
You do know guldencoin is the first alt to update to codebase 0.11 and now there developers are working on innovative projects. Not many coins can update because it's too hard for the devs, so they abandon the projects and recreate new coins and hype them.

And even fewer devs can write an entirely new code base from scratch and stop following Bitcoin entirely.
5605  Economy / Economics / Re: Distribution of bitcoin wealth by owner on: August 15, 2015, 08:47:55 PM
My credibility due to ixCoin has shot up.

$361,000 market cap:

http://coinmarketcap.com/currencies/ixcoin/

As for the anon coins.  There is no link just ask the top reputable hackers.  And there are no true anon coins.  It's a lie.  There will never be a public anon coin even if the tech gets developed

I will insure you are wrong about there will never be a public anon coin. What reason do you have for concluding that?

There are anonymous coins now, but none of them are complete. For example, the IP address is not obfuscated reliably when using Tor or I2P to send transactions to these anonymous block chains.

This Blocksize issue is gonna reshape crypto in the coming months and Bitcoin will have no choice but to take on a few [alt-coin] sidechains, including the ones demanded by the Chinese.

Including one that isn't launched yet that will completely solve the issue of scalability.
5606  Economy / Economics / Re: Economic Devastation on: August 15, 2015, 06:07:39 PM

This chart is so sad. What happen in the past that now we have so low compensation for increased productivity? World supposed to be evolving, not devolving.
Exactly this problem is touching every major economy. And China is trying to keep it that way.

Let's fight back and win.

I use bitcoin because I want to earn anonymously online. It's also a good investment and I like low transaction fees of bitcoin

I love you because I am formerly AnonyMint and since 2013 my goal has been to add more anonymity to cryptoland. Thanks for validating my thesis about a coming glorious, anonymous Knowledge Age.

What I see people essentially saying in this thread is that Bitcoin is autonomous. They can get access to it, spend as anonymously as they take the care to obscure their IP address, and use it without any permission or without obtaining any account with some authority. In short, permission-less commerce (do what you like, no big brother with his dick up your ass!). Most of the terms above fall under the "autonomy" umbrella taxonomy.

In my case, I don't have a utility bill matching my current address because I rent. And so I can't comply with the asinine Patriot Act KYC identification requirements that exchanges and financial institutions impose. So no worries, I just go place a buy order on localbitcoins, then go deposit some cash in a local bank and I get the BTC released an hour or so later.

Later as the bankrupted Western governments start to limit more how much money you can get out per day from your ATM account (e.g. Greece is an example of what is coming to every Western nation because they are all broke), then if you are holding crypto-currency you can sidestep these restrictions.

However, do note that Bitcoin is not reliably anonymous (unless you are for example connecting via a unregistered, public WiFi connection) as your IP address can be traced back to your identity (and Tor and I2P don't really stop the national security agencies from tracking your identity on the block chain) and so the authorities will one day in the future be clawing back against you prosecuting you for violating their regulations by using Bitcoin.

This is why I (formerly username AnonyMint since 2013) support the development of altcoins with more robust built in anonymity. Many users will not appreciate the need for this until later when so many Bitcoin users are being busted for past activity all stored on the block chain.

You should understand what this productivity is made of. If we substitute one group of machines with more productive ones, why should the increase in productivity be reflected in the increase in wages?

Because knowledge creation is where all the value is added. The manufacturing is headed towards a zero margin economy.

But knowledge creation is not the same as non-supervisory compensation, right?

Agree. Knowledge creation is being held back to some extent by a $227 trillion global debt funded socialism turning into totalitarianism as a way to prevent adjustment from the Industrial Age and force an NWO eugenics outcome so the old world fat cats can retain power, because the Knowledge Age can't be financed with usury so those bastards are trying to kill it, but they will fail.
5607  Economy / Economics / Re: Economic Totalitarianism on: August 15, 2015, 06:01:45 PM
Traitor! We must replace this shit company. Not with politics. With superior code.

The plutocrats are pushing for their NWO electronic (digital) currency. Yet another clue of where GavinCoin is headed.

http://blog.blockchain.com/2015/08/08/bitcoin-news-for-the-week-of-8315/

Quote
Blockchain CEO Peter Smith traveled to SE Asia with British Prime Minister David Cameron and other fintech executives to speak with senior regulators, bank CEOs, and telecommunications executives about the future we are working towards as an industry. - See more at: http://blog.blockchain.com/#sthash.ggmqlh9f.dpuf

5608  Economy / Economics / Re: Devaluation of Chinese Yuan on: August 15, 2015, 06:00:33 PM
You should understand what this productivity is made of. If we substitute one group of machines with more productive ones, why should the increase in productivity be reflected in the increase in wages?

Because knowledge creation is where all the value is added. The manufacturing is headed towards a zero margin economy.

But knowledge creation is not the same as non-supervisory compensation, right?

Agree. Knowledge creation is being held back to some extent by a $227 trillion global debt funded socialism turning into totalitarianism as a way to prevent adjustment from the Industrial Age and force an NWO eugenics outcome so the old world fat cats can retain power, because the Knowledge Age can't be financed with usury so those bastards are trying to kill it, but they will fail.
5609  Economy / Economics / Re: Devaluation of Chinese Yuan on: August 15, 2015, 05:57:19 PM
You should understand what this productivity is made of. If we substitute one group of machines with more productive ones, why should the increase in productivity be reflected in the increase in wages?

Because knowledge creation is where all the value is added. The manufacturing is headed towards a zero margin economy.

Again go read my detailed thesis linked from the opening post of the Economic Devastation thread.
5610  Economy / Economics / Re: Economic Totalitarianism on: August 15, 2015, 05:55:17 PM

This chart is so sad. What happen in the past that now we have so low compensation for increased productivity? World supposed to be evolving, not devolving.
Exactly this problem is touching every major economy. And China is trying to keep it that way.

Let's fight back and win.

I use bitcoin because I want to earn anonymously online. It's also a good investment and I like low transaction fees of bitcoin

I love you because I am formerly AnonyMint and since 2013 my goal has been to add more anonymity to cryptoland. Thanks for validating my thesis about a coming glorious, anonymous Knowledge Age.

What I see people essentially saying in this thread is that Bitcoin is autonomous. They can get access to it, spend as anonymously as they take the care to obscure their IP address, and use it without any permission or without obtaining any account with some authority. In short, permission-less commerce (do what you like, no big brother with his dick up your ass!). Most of the terms above fall under the "autonomy" umbrella taxonomy.

In my case, I don't have a utility bill matching my current address because I rent. And so I can't comply with the asinine Patriot Act KYC identification requirements that exchanges and financial institutions impose. So no worries, I just go place a buy order on localbitcoins, then go deposit some cash in a local bank and I get the BTC released an hour or so later.

Later as the bankrupted Western governments start to limit more how much money you can get out per day from your ATM account (e.g. Greece is an example of what is coming to every Western nation because they are all broke), then if you are holding crypto-currency you can sidestep these restrictions.

However, do note that Bitcoin is not reliably anonymous (unless you are for example connecting via a unregistered, public WiFi connection) as your IP address can be traced back to your identity (and Tor and I2P don't really stop the national security agencies from tracking your identity on the block chain) and so the authorities will one day in the future be clawing back against you prosecuting you for violating their regulations by using Bitcoin.

This is why I (formerly username AnonyMint since 2013) support the development of altcoins with more robust built in anonymity. Many users will not appreciate the need for this until later when so many Bitcoin users are being busted for past activity all stored on the block chain.

You should understand what this productivity is made of. If we substitute one group of machines with more productive ones, why should the increase in productivity be reflected in the increase in wages?

Because knowledge creation is where all the value is added. The manufacturing is headed towards a zero margin economy.

But knowledge creation is not the same as non-supervisory compensation, right?

Agree. Knowledge creation is being held back to some extent by a $227 trillion global debt funded socialism turning into totalitarianism as a way to prevent adjustment from the Industrial Age and force an NWO eugenics outcome so the old world fat cats can retain power, because the Knowledge Age can't be financed with usury so those bastards are trying to kill it, but they will fail.
5611  Economy / Economics / Re: Devaluation of Chinese Yuan on: August 15, 2015, 05:54:33 PM

This chart is so sad. What happen in the past that now we have so low compensation for increased productivity? World supposed to be evolving, not devolving.
Exactly this problem is touching every major economy. And China is trying to keep it that way.

Let's fight back and win.

I use bitcoin because I want to earn anonymously online. It's also a good investment and I like low transaction fees of bitcoin

I love you because I am formerly AnonyMint and since 2013 my goal has been to add more anonymity to cryptoland. Thanks for validating my thesis about a coming glorious, anonymous Knowledge Age.

What I see people essentially saying in this thread is that Bitcoin is autonomous. They can get access to it, spend as anonymously as they take the care to obscure their IP address, and use it without any permission or without obtaining any account with some authority. In short, permission-less commerce (do what you like, no big brother with his dick up your ass!). Most of the terms above fall under the "autonomy" umbrella taxonomy.

In my case, I don't have a utility bill matching my current address because I rent. And so I can't comply with the asinine Patriot Act KYC identification requirements that exchanges and financial institutions impose. So no worries, I just go place a buy order on localbitcoins, then go deposit some cash in a local bank and I get the BTC released an hour or so later.

Later as the bankrupted Western governments start to limit more how much money you can get out per day from your ATM account (e.g. Greece is an example of what is coming to every Western nation because they are all broke), then if you are holding crypto-currency you can sidestep these restrictions.

However, do note that Bitcoin is not reliably anonymous (unless you are for example connecting via a unregistered, public WiFi connection) as your IP address can be traced back to your identity (and Tor and I2P don't really stop the national security agencies from tracking your identity on the block chain) and so the authorities will one day in the future be clawing back against you prosecuting you for violating their regulations by using Bitcoin.

This is why I (formerly username AnonyMint since 2013) support the development of altcoins with more robust built in anonymity. Many users will not appreciate the need for this until later when so many Bitcoin users are being busted for past activity all stored on the block chain.
5612  Economy / Economics / Re: Why do you use Bitcoin? A report to determine it's competitive advantages. on: August 15, 2015, 02:22:12 PM
Ease of access, constant availability and low transaction fees are my 3 picks. This is where Bitcoin would beat by far Fiat and this is why Bitcoin will survive and be competitive in the future. My money should be there when I want it and I should be able to spend it when and how I want it.

Autonomy again. Thanks.
5613  Alternate cryptocurrencies / Altcoin Discussion / Re: XMR/AEON Developer Smooth Investigation on: August 15, 2015, 01:42:50 PM
I'm not attacking you. You misunderstand. I'm pointing out the pointlessness of all this politicking and FUD, same as you.

I will say that a non-anonymous fully public highly-respected professor of computer science says openly that he was the one mining >50% of the hash rate on AWS, and that he sold off the coins, paid his $250K in mining bills, and made a nice little profit. I believe him, but ultimately no one really knows anything in life other than what they have done themselves.

Thank you for the clarification. My error I guess (it exhibits that I don't really pay attention about launches, I am the nerd who is too busy on other preoccupations). Again I am only trying to find a way to innovate and fund innovation (oh and also get wealthy again but not an idiotic scam or try to own 10% of the entire world's money supply or some stupid shit that destroy's the work I did) and so if people are going to be too dogmatic about "fair launch" without seeing the bigger picture, then I view them as obstructionists. I am not saying that is you, but I do hope I can influence you to be more about creating and less about analytical deconstructing (even though both are obviously necessary talents).

I hope you don't waste more of your time here. Or on Dash. But of course that is your personal decision and I shouldn't dictate to you. It Dash really that important? $5m mcap and the global economy is $40 trillion.

I think you are probably a talented programmer and can make a difference.


P.S. I hope I don't mention the word "Monero" again. No more politics. I am creating technology. Markets will do what they will do.
5614  Economy / Economics / Re: Distribution of bitcoin wealth by owner on: August 15, 2015, 01:33:09 PM
Thank you nextgencoin. Good luck to you also.

Reliable, complete, and fool-proof anonymity has not be solved yet by any altcoin. Instant 0-conf without double spending has not been solved by any altcoin. These facts will be explained beyond any doubt.

Again I wish you all good luck and good night.
5615  Alternate cryptocurrencies / Altcoin Discussion / Re: Double spend with zero confirmations has been solved. on: August 15, 2015, 01:30:27 PM
Reliable, complete, and fool-proof anonymity has not be solved yet by any altcoin. Instant 0-conf without double spending has not been solved by any altcoin. These facts will be explained beyond any doubt.

Again I wish you all good luck and good night.

What I see people essentially saying in this thread is that Bitcoin is autonomous. They can get access to it, spend as anonymously as they take the care to obscure their IP address, and use it without any permission or without obtaining any account with some authority. In short, permission-less commerce (do what you like, no big brother with his dick up your ass!). Most of the terms above fall under the "autonomy" umbrella taxonomy.

In my case, I don't have a utility bill matching my current address because I rent. And so I can't comply with the asinine Patriot Act KYC identification requirements that exchanges and financial institutions impose. So no worries, I just go place a buy order on localbitcoins, then go deposit some cash in a local bank and I get the BTC released an hour or so later.

Later as the bankrupted Western governments start to limit more how much money you can get out per day from your ATM account (e.g. Greece is an example of what is coming to every Western nation because they are all broke), then if you are holding crypto-currency you can sidestep these restrictions.

However, do note that Bitcoin is not reliably anonymous (unless you are for example connecting via a unregistered, public WiFi connection) as your IP address can be traced back to your identity (and Tor and I2P don't really stop the national security agencies from tracking your identity on the block chain) and so the authorities will one day in the future be clawing back against you prosecuting you for violating their regulations by using Bitcoin.

This is why I (formerly username AnonyMint since 2013) support the development of altcoins with more robust built in anonymity. Many users will not appreciate the need for this until later when so many Bitcoin users are being busted for past activity all stored on the block chain.

Ease of access, constant availability and low transaction fees are my 3 picks. This is where Bitcoin would beat by far Fiat and this is why Bitcoin will survive and be competitive in the future. My money should be there when I want it and I should be able to spend it when and how I want it.

Autonomy again. Thanks.
5616  Alternate cryptocurrencies / Altcoin Discussion / Re: Best Altcoin to invest in for 2016 and WHY on: August 15, 2015, 01:27:05 PM
What I see people essentially saying in this thread is that Bitcoin is autonomous. They can get access to it, spend as anonymously as they take the care to obscure their IP address, and use it without any permission or without obtaining any account with some authority. In short, permission-less commerce (do what you like, no big brother with his dick up your ass!). Most of the terms above fall under the "autonomy" umbrella taxonomy.

In my case, I don't have a utility bill matching my current address because I rent. And so I can't comply with the asinine Patriot Act KYC identification requirements that exchanges and financial institutions impose. So no worries, I just go place a buy order on localbitcoins, then go deposit some cash in a local bank and I get the BTC released an hour or so later.

Later as the bankrupted Western governments start to limit more how much money you can get out per day from your ATM account (e.g. Greece is an example of what is coming to every Western nation because they are all broke), then if you are holding crypto-currency you can sidestep these restrictions.

However, do note that Bitcoin is not reliably anonymous (unless you are for example connecting via a unregistered, public WiFi connection) as your IP address can be traced back to your identity (and Tor and I2P don't really stop the national security agencies from tracking your identity on the block chain) and so the authorities will one day in the future be clawing back against you prosecuting you for violating their regulations by using Bitcoin.

This is why I (formerly username AnonyMint since 2013) support the development of altcoins with more robust built in anonymity. Many users will not appreciate the need for this until later when so many Bitcoin users are being busted for past activity all stored on the block chain.

Ease of access, constant availability and low transaction fees are my 3 picks. This is where Bitcoin would beat by far Fiat and this is why Bitcoin will survive and be competitive in the future. My money should be there when I want it and I should be able to spend it when and how I want it.

Autonomy again. Thanks.
5617  Economy / Economics / Re: Economic Totalitarianism on: August 15, 2015, 01:23:35 PM
What I see people essentially saying in this thread is that Bitcoin is autonomous. They can get access to it, spend as anonymously as they take the care to obscure their IP address, and use it without any permission or without obtaining any account with some authority. In short, permission-less commerce (do what you like, no big brother with his dick up your ass!). Most of the terms above fall under the "autonomy" umbrella taxonomy.

In my case, I don't have a utility bill matching my current address because I rent. And so I can't comply with the asinine Patriot Act KYC identification requirements that exchanges and financial institutions impose. So no worries, I just go place a buy order on localbitcoins, then go deposit some cash in a local bank and I get the BTC released an hour or so later.

Later as the bankrupted Western governments start to limit more how much money you can get out per day from your ATM account (e.g. Greece is an example of what is coming to every Western nation because they are all broke), then if you are holding crypto-currency you can sidestep these restrictions.

However, do note that Bitcoin is not reliably anonymous (unless you are for example connecting via a unregistered, public WiFi connection) as your IP address can be traced back to your identity (and Tor and I2P don't really stop the national security agencies from tracking your identity on the block chain) and so the authorities will one day in the future be clawing back against you prosecuting you for violating their regulations by using Bitcoin.

This is why I (formerly username AnonyMint since 2013) support the development of altcoins with more robust built in anonymity. Many users will not appreciate the need for this until later when so many Bitcoin users are being busted for past activity all stored on the block chain.

Ease of access, constant availability and low transaction fees are my 3 picks. This is where Bitcoin would beat by far Fiat and this is why Bitcoin will survive and be competitive in the future. My money should be there when I want it and I should be able to spend it when and how I want it.

Autonomy again. Thanks.
5618  Economy / Economics / Re: Why do you use Bitcoin? A report to determine it's competitive advantages. on: August 15, 2015, 01:21:31 PM
What I see people essentially saying in this thread is that Bitcoin is autonomous. They can get access to it, spend as anonymously as they take the care to obscure their IP address, and use it without any permission or without obtaining any account with some authority. In short, permission-less commerce (do what you like, no big brother with his dick up your ass!). Most of the terms above fall under the "autonomy" umbrella taxonomy.

In my case, I don't have a utility bill matching my current address because I rent. And so I can't comply with the asinine Patriot Act KYC identification requirements that exchanges and financial institutions impose. So no worries, I just go place a buy order on localbitcoins, then go deposit some cash in a local bank and I get the BTC released an hour or so later.

Later as the bankrupted Western governments start to limit more how much money you can get out per day from your ATM account (e.g. Greece is an example of what is coming to every Western nation because they are all broke), then if you are holding crypto-currency you can sidestep these restrictions.

However, do note that Bitcoin is not reliably anonymous (unless you are for example connecting via a unregistered, public WiFi connection) as your IP address can be traced back to your identity (and Tor and I2P don't really stop the national security agencies from tracking your identity on the block chain) and so the authorities will one day in the future be clawing back against you prosecuting you for violating their regulations by using Bitcoin.

This is why I (formerly username AnonyMint since 2013) support the development of altcoins with more robust built in anonymity. Many users will not appreciate the need for this until later when so many Bitcoin users are being busted for past activity all stored on the block chain.
5619  Economy / Economics / Re: Martin Armstrong Discussion on: August 15, 2015, 07:49:58 AM
No their accumulated digits (and social power) can become worthless in the sense they get negative rates of relative return. Knowledge Age workers will be generating 1000% per annum gains on their capital. It is a process. We don't take their capital away overnight, but over a few years.

And that is why OROBTC can still make a living selling bearings because the cost of bearings isn't going to near zero overnight. And he will have time to adjust and transition. He will find his niche in the Knowledge Age. The Knowledge Age is not about making our lives worse, rather the opposite.
5620  Economy / Economics / Re: Economic Totalitarianism on: August 15, 2015, 07:45:38 AM
Pls no more talking about my work in this thread. That is what private messages are for. Thanks.
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